Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-19-055138
Date:2019-11-01
Issuer: F5 NETWORKS, INC. (FFIV)
Original Submission Date:

Reporting Person:

SPRAGUE KARA LYNN
C/O F5 NETWORKS, INC.
801 5TH AVENUE SEATTLE, WA 98104

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2019-11-01 M 1,709 a $0.00 12,411 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
RESTRICTED STOCK UNIT 0.0 2019-11-01 deemed execution date M 1,244 (d) common stock 1,244 $0.00 9,951 direct
RESTRICTED STOCK UNIT 0.0 2019-11-01 deemed execution date M 465 (d) common stock 465 $0.00 3,723 direct
RESTRICTED STOCK UNIT 0.0 2019-11-01 deemed execution date A 8,556 (a) common stock 8,556 $0.00 8,556 direct
Footnotes
IDfootnote
f1 shares acquired upon vesting of the november 1, 2017 and november 1, 2018 awards of service-based restricted stock units.
f2 each restricted stock unit represents a contingent right to receive one share of f5 networks, inc. common stock on the vest date.
f3 this november 1, 2017 award of service-based restricted stock units vests twenty five percent (25%) on november 1, 2018, and the remainingseventy five percent (75%) vests in twelve equal quarterly increments beginning february 1, 2019.
f4 if the reporting person continues to provide services to the company through the vest date, the corresponding number of shares of common stock of f5 networks, inc. will be issued to the reporting person on the vest date.
f5 this november 1, 2018 award of service-based restricted stock units vests in twelve equal quarterly increments beginning february 1, 2019.
f6 concurrent with the award of 8,556 service-based restricted stock units, the company granted the reporting person additional restricted stock units that vest based on performance targets ("performance rsus"). if the performance targets are achieved at 100%, the reporting person will receive 8,556 performance rsus over the vesting period; the actual number of performance rsus received may be more or less depending on whether and to the extent that performance is greater than or less than targets. the performance rsus vests over a three-year period in three equal annual installments. performance rsus are not reported in table ii; the underlying shares of performance rsus will be reported in table i if and when the compensation committee of the board of directors determines that the performance targets have been achieved.
f7 this november 1, 2019 award of service-based restricted stock units vests in twelve equal quarterly increments beginning february 1, 2020.
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